Developing Canadas oil sands in a sustainable way Jean-Michel Gires President & CEO, TOTAL E&P Canada Investor Relations, London, November 19th, 2009
Oil sands : important to reach an oil production plateau of around 95 Mb/d by 2020-2030 Oil resources Oil production CIS 3,000 Bb 09 30(e) 100 years Unconventional resources 70 years Mature areas OECD Heavy oil 50 years…
Acceptability issues of Canadian oil sands For every barrel of oil sands it requires enough natural gas to heat an average Alberta home for four days esses Al Gore s a n d s re g ulatory proc no oil nt There are p ro te c t th e…
Canadian oil sands : a challenging resource to produce Oil sand composition Characteristics of Athabasca bitumen 10% - Bitumen film 7-9 API 14% - Fines Not viscous at reservoir conditions (10C) (clay- minerals) Bitumen requires…
Mining and in-situ extraction methods for oil sands 20 m Mining Established resources** = 34 Bb Currently Mined 20% of resources Pit Mining 100 m In-situ Established resources** = 136 Bb 80% of resources Depth In-situ /…
Total in Canada : strong base to grow our production Buckton Asphalt Creek Northern Lights (TOTAL/SINOPEC) Mining Expected capacity : 100 kb/d Griffon Joslyn (TOTAL/OXY/INPEX) Mining In pre-engineering and regulatory stages…
Surmont : one of the largest SAGD leases Phase 1 already producing 27 kb/d capacity; 20 well pairs at start-up from two pads Steam injection started in June 2007 Surmont (Total 50%) Currently producing 20 kb/d Future development…
Joslyn : preparing development for 2017 Multiphase development in pre-engineering and regulatory stages Expected to yield 2 Bb of bitumen production Joslyn over 30 years Oil sands surface mining techniques 100 kb/d in Phases 1 and…
High CO2 intensity of oil sands production CO2 emissions : intensity per barrel of bitumen GHG released into atmosphere SAGD Steam generation CO2 capture Up to 70 kg Power by others Natural gas partially applicable CO2/b CO2…
Water management crucial for mining project Water throughput m3/h Consumed Water consumption intensity 10,000 Treated & b of water / b of bitumen 8,000 discharged to river Recycled in plant Upgrader : 0.4 6,000 Recycled from…
Impact of Canadas oil sands on boreal forest Canadas boreal forest : 3.2 million km2 Oil sands : 140,000 km2 of which 3,450 km2 is mineable (0.1% of Canadas boreal forest) Currently disturbed by oil sands activity : 530 km2…
Mining : reducing disturbance and accelerating reclamation process Overburden Tree harvest removal Mining operations Reclamation plans Pit backfilling Certification Overburden reshaped Monitoring Revegetation Complete…
Stakeholder relations : critical to acceptability Community investment Strong industry cooperation to address cumulative effects Engagement with communities based on dialogue and empowerment Aboriginal concerns addressed…
Total committed to sustainable development in Canada Environmental, social and regulatory challenges CO2, water, land footprint, strict administrative process, local acceptability Challenging economics High breakeven, unknown CO2…